AGP Executive Report
Last update: 6 hours agoIran Funeral Politics: Iran held day-two prayers for Ayatollah Ali Khamenei in Tehran, with huge crowds and a notable absence of his son/successor Mojtaba, sharpening questions about succession and the regime’s next phase. US-Iran Regional Diplomacy: As mourning unfolded, reporting pointed to renewed US-Iran indirect talks and continued Hormuz-linked tensions, with leaders also signaling plans to meet amid the wider Middle East ceasefire uncertainty. Lebanon Stakes: Lebanon’s President Joseph Aoun urged the US to keep backing Lebanon’s “just causes,” as UNIFIL faces mounting losses and the region remains in a conflict-management phase. Gaza Ceasefire Fallout: Gaza’s ceasefire remains unfulfilled, with accounts of bodies unclaimed and daily life collapsing further, while a World Cup stadium shelter highlights how war has erased normalcy. Energy & Trade: India rolled back emergency LNG and gas curbs after Strait of Hormuz shipments resumed, easing pressure on power, fertilizer and city gas—while the wider region still shapes global shipping risk. Regional Economy: Saudi Arabia’s non-oil private sector activity rose in June, but exports stayed weak as regional conflict and logistics frictions weighed on foreign demand. Turkey-NATO: Canada’s PM Mark Carney is set to attend the Ankara NATO summit as allies focus on managing US unpredictability and defense spending.
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